If you compare the increase in value of investment property in Bowen, 4805 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this QLD suburb was 1.00%.
Comparing Bowen,4805 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
LACK OF BUYER INTEREST may well be the reason that Bowen is offering property investors an average of -7.10. This rate of discount on properties puts Suburb at number 73th in terms of most discounted suburbs in QLD
At number 1692th in the list of Australian suburbs ordered by increase in median house value over the last year, Bowen, 4805 is in the BOTTOM 10% with a property value increase of -48.72% recorded in median house prices.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Bowen has fallen somewhat when compared to the 5 year average annual rate.
Bowen is 18th on a list of best yielding suburbs for rents in QLD with a 7.67% return